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$175,000
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Property Description
Opportunity to own a spacious mixed-use property featuring a large commercial area on the main floor-perfect for retail, office, or service-based businesses The first-floor front apartment includes 2 bedrooms, 1 full bath, separate dining and living rooms. A second apartment, located at the rear of the property, offers 2 bedrooms, a living room, and the kitchen with a designated dining area. Back area for two cars. This property offers flexibility, space, and income possibilities all in one. A true investment gem!
Full Property Details
Full Property Details for 5525 S Ashland Ave
General
- Price: $175,000
- Taxes: $949 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12424482
- Updated: 2/19/2026
- Added to Site: 216 day(s) ago
Additional Information
- Security/Safety: Carbon Monoxide Detector(s)
Location
- Area: CHI - West Englewood
- County: Cook
- Township: Lake
- Driving Directions: GARFIELD BLVD TO SOUTH ASHLAND AVE
- Location Details: Chicago South
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Central Heat/Individual Controls
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter, Pillar/Post/Pier
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 3,344
- # of Stores: 1
- Year Built: 1881
- Built Before 1978: Yes
Unit Information
- # Tenants: 3
Lot Features
- Lot Size (Sq. Ft.): 2,825
- Lot Dimensions: 25 x 113
- Frontage: City Street
- Potential Use: Commercial
- Zoning: COMMR
Financial Considerations
- Security Deposit: Carbon Monoxide Detector(s)
- Assessment Year: 1881
- Tax Amount: $949.22
- Tax Year: 2023
Disclosures and Reports
- Property ID: 20171000060000
Listed by Su Familia Real Estate Inc
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Schools
Schools serving 5525 S Ashland Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Libby Elementary School 5300 South Loomis Boulevard, Chicago, IL 60609 | K-8 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5525 S Ashland Ave
Date
Details
Price
Change
Source
8/20/2025
Price Reduced
$175,000
-6.87%
MLS
7/21/2025
Listed
$187,900
82.08%
MLS
3/31/2005
Sold
$103,194
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5525 S Ashland Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$949
3%
$4,499
—
2022
$925
2%
$4,499
—
2021
$905
-59%
$4,499
-54%
2020
$2,202
-4%
$9,886
-13%
2019
$2,283
2%
$11,364
—
2018
$2,245
-21%
$11,364
-14%
2017
$2,853
7%
$13,253
—
2016
$2,654
9%
$13,253
—
2015
$2,429
22%
$13,253
23%
2014
$1,996
-4%
$10,759
-6%
2013
$2,075
1%
$11,409
—
2012
$2,047
—
$11,409
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5525 S Ashland Ave
5525 S Ashland Avenue, Chicago, IL 60636 (MLS# 12424482) is a Commercial property. 5525 S Ashland Avenue is currently listed for $175,000 and was received on July 21, 2025. Want to learn more about 5525 S Ashland Avenue? Do you have questions about finding other Commercial real estate for sale in West Englewood? You can browse all West Englewood real estate or contact a Coldwell Banker agent to request more information.

